28 December 2009

W.Va. Braces for Midyear Budget Cuts

Gov. Joe Manchin has ordered the entire executive branch, including other elected officials, to cut their general revenue spending by 3.4 percent, The Associated Press reports.

"The Legislature and Supreme Court have also agreed to as-yet-unspecified cuts," the article said. "As with other states, the recession has weakened West Virginia's general tax revenues. The Manchin administration had estimated that those revenues would total $3.7 billion by the June 30 end of the budget year. Manchin now believes revenues will fall short of that mark by $120 million."

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